Off-Market Deal

Port Arthur Texas 95-Key Limited-Service Hotel (Built 2020). Four-story fee-simple asset operating under a long-term IHG franchise (avid by IHG), strategically located off I-10 in a high-growth petrochemical corridor with ~$41B in expansion projects underway. 2025 rooms revenue of approximately $2.37M with RevPAR in the high-$60s to low-$70s range and occupancy ~71–73% TTM. Third-party managed with full staff in place; strong upside for experienced owner/operator to improve margin flow-through. Minimal change-of-ownership PIP expected due to 2020 opening. Located near ExxonMobil, Chevron, Motiva, BASF, Port of Beaumont, Lamar University, and Ford Park. Asking: $9.9M ($104K/key). Value-add opportunity below replacement cost.